£657,925
This estimated value is based upon the latest sale price for the house of £134,950 on 16 Dec 1997. This value is then adjusted by the current Official House Price Index for THURROCK 1
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
| Price Paid | Date |
|---|---|
| £134,950 | 16 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 sq feet |
This model uses changes in the Official Land Registry House Price Index for THURROCK to estimate the market value.
When this house was purchased in December 1997 the House Price Index for THURROCK was 30.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 387.533%.Applying this 387.533% change to the original purchase price of £134,950 results in an estimated price of approximately £657,925.
| 16 Dec 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.0 | 387.533 % | £134,950 | £522,975 | £657,925 |
The Postcode Pricing Model uses changes in average sales price within the RM15 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 406.690 % | £548,827 | £683,777 |
| 3 Month Average | 337.455 % | £455,396 | £590,346 |
| 6 Month Average | 359.703 % | £485,418 | £620,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2020 | £450,322 | £390,000 | 48 CHERRY TREE DRIVE |
| 16 Oct 2020 | £449,813 | £385,000 | 56 CHERRY TREE DRIVE |
| 24 Apr 2020 | £672,442 | £550,000 | 3 ASPEN WAY |
| 27 Feb 2020 | £466,095 | £382,500 | 20 CHERRY TREE DRIVE |
| 13 Dec 2019 | £397,089 | £325,000 | 72 CHERRY TREE DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 2 Feb 2015. Using an estimated price of £657,926 means this house is valued at £6,036 per sq meter (£560 per sq foot).
The average size of a house on BIRCH CLOSE is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hornbeam Chase |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Laurel Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Laurel Drive |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |